文章核心观点 - 过去两个季度,Starbucks的同店销售额呈现下降趋势,这是一个令人担忧的趋势 [5][6][7] - 虽然Starbucks仍在产生大量利润和自由现金流,但面临着通胀和可能的经济衰退带来的挑战 [9][10][11] - 目前Starbucks股价已下跌超过20%,估值略低于市场平均水平,但仍需更大的折扣才值得买入 [12][13] 根据相关目录分别进行总结 同店销售表现 - 过去两个季度,Starbucks的全球同店销售额分别下降3%和4% [6] - 同店销售额下降主要是由于客流量下降5-6%,而客单价仅上涨2% [6][7] - 这表明Starbucks正在努力吸引客户进店,即使客单价保持稳定,客流量下降也足以拖累同店销售增长 [7] 财务表现 - 过去12个月,Starbucks仍实现了41亿美元的利润和38亿美元的自由现金流 [9][10] - 这表明Starbucks仍有充足的资金进行投资和改善运营效率 [10] 行业和经济环境 - 当前的高通胀环境使Starbucks的高价咖啡显得更加昂贵,导致消费者更倾向于选择更便宜的竞争品牌 [3] - 如果出现持续的经济衰退,Starbucks可能会面临需求进一步下滑的风险 [11] 投资建议 - 目前Starbucks股价已下跌超过20%,估值略低于市场平均水平,但仍需更大的折扣才值得买入 [12][13] - 考虑到Starbucks面临的挑战,投资者应谨慎对待,等待更大的折价机会 [13]

We also take a look at what the Olympics could mean for NBC's streaming service.In this podcast, Motley Fool analyst Bill Mann and host Mary Long discuss Microsoft's AI timeline and what "experience" means at the world's largest coffee chain.Then, Bloomberg media reporter Hannah Miller joins in for a conversation on what the Paris Olympics mean for Peacock, NBC's streaming service.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out ...

Pictured here is a McDonald's store in Yichang, Hubei province, China, on July 30, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — A theme emerging in the latest slew of U.S. companies' earnings reports is a drag from the China market.The Chinese economy — home to more than four times the population of the U.S. — has attracted multinational corporations for decades given its large, fast-growing market. But slower growth and intense local competition, amid tensions with the U.S., are now weighing on corpora ...

LOS ANGELES, Aug. 6, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Starbucks Corporation ("Starbucks" or "the Company") (NASDAQ: SBUX) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Starbucks announced its second quarter, 2024, results on May 1, 2024. The C ...

Starbucks (SBUX) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this coffee chain have returned -1% over the past month versus the Zacks S&P 500 composite's -6.7% change. The Zacks Retail - Restaurants industry, to which Starbucks belongs, has lost 2.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although m ...

Is a Starbucks turnaround around the corner?Shares of Starbucks (SBUX 1.02%) appear to have steadied despite the coffeehouse operator reporting declining same-store sales recently. Investors were encouraged by some recent partnerships the company has forged, along with hopes that a turnaround in the business is underway. The stock is nonetheless still down more than 20% year to date.Let's take a closer look at the company's recent results and see if a turnaround might be coming.China and the U.S. remain wea ...

报告公司投资评级 无评级 [12] 报告的核心观点 1. 季度业绩符合预期：公司FY2024Q3实现净收入91.14亿美元,同比下降0.6%;经营利润为15.18亿美元,同比下降4.2%;归母净利润为10.55亿美元,同比下降7.6%。经营利润率和归母净利率分别为16.7%和11.6%,较上年同期分别下降0.6和0.9个百分点,但环比分别提升3.8和2.6个百分点,盈利能力有所提升。公司季度每股派息0.57美元,同比增长7.5%。[6] 2. 全球门店数量达到39,477间:截至20240630,星巴克全球门店数量达到39,477间,同比增长6.1%。单季度新开526间,其中北美区域新开133间,国际市场新开396间,2024财年前三个季度累计新开1439间。[13][14] 3. 全球同店销售降幅缩窄:FY2024Q3公司全球同店销售同比下降3%,其中同比交易量下降5%,平均客单价提升2%。北美同店销售同比下降2%,其中可同比交易量下降6%,平均客单价提升3%。中国同店销售同比下降14%,其中可同比交易量和平均客单价都下降了7%。[15] 4. 中国门店持续加密,但竞争环境激烈:截至20240630,中国门店数量达到7306间,环比净增213间。虽然在中国门店数量同比增长13%,但营业收入同比下降11%至7.338亿美元,主要由于同店销售同比下降14%,其中可同比交易量和平均客单价都下降了7%,显示了中国市场激烈的竞争环境。[16] 5. 维持FY2024同店销售和收入增长指引:公司维持了FY2024同店销售和收入增长指引,其中全球及美国同店销售同比低单位数下降-持平,中国同店销售同比增速为低单位数下降。FY2024财年收入同比增速为低单位数增长,经营利润率持平,Non-GAAP EPS同比增长低单位数或持平。全球/美国/中国新开门店目标分别同比增长约6%/4%/12%。[17][18][19][20] 根据目录分别总结 季度业绩 - 公司FY2024Q3实现净收入91.14亿美元,同比下降0.6%;经营利润为15.18亿美元,同比下降4.2%;归母净利润为10.55亿美元,同比下降7.6%。[6] - 经营利润率和归母净利率分别为16.7%和11.6%,较上年同期分别下降0.6和0.9个百分点,但环比分别提升3.8和2.6个百分点,盈利能力有所提升。[6] - 公司季度每股派息0.57美元,同比增长7.5%。[6] 门店拓展 - 截至20240630,星巴克全球门店数量达到39,477间,同比增长6.1%。单季度新开526间,其中北美区域新开133间,国际市场新开396间,2024财年前三个季度累计新开1439间。[13][14] - 按门店类型看,自营门店数量为20466间,占比达到51.8%。按区域分布来看,北美区域门店达到18198间,占比为46.1%。新开店仍然以自营门店和国际门店为主。[14] - 截至20240630,中国门店数量达到7306间,环比净增213间。虽然在中国门店数量同比增长13%,但营业收入同比下降11%至7.338亿美元,主要由于同店销售同比下降14%,其中可同比交易量和平均客单价都下降了7%,显示了中国市场激烈的竞争环境。[16] 同店销售 - FY2024Q3公司全球同店销售同比下降3%,其中同比交易量下降5%,平均客单价提升2%。[15] - 北美同店销售同比下降2%,其中可同比交易量下降6%,平均客单价提升3%。[15] - 中国同店销售同比下降14%,其中可同比交易量和平均客单价都下降了7%。[15] 未来展望 - 公司维持了FY2024同店销售和收入增长指引,其中全球及美国同店销售同比低单位数下降-持平,中国同店销售同比增速为低单位数下降。[17] - FY2024财年收入同比增速为低单位数增长,经营利润率持平,Non-GAAP EPS同比增长低单位数或持平。[20] - 全球/美国/中国新开门店目标分别同比增长约6%/4%/12%。[19]

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Starbucks. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Dutch Bros is a fast-growing coffee chain that consumers love.One of the hardest areas to invest in is consumer discretionary goods. Consumer shopping patterns and preferences can change frequently. Macroeconomic factors can also affect demand.Right now, there are two completely different narratives being written among leading coffee chain companies, Starbucks (SBUX -3.64%) and Dutch Bros (BROS -0.68%).While Starbucks grapples with decelerating growth, its smaller rival is thriving.Let's dig into why Dutch ...

Starbucks' sales results were pretty dismal in the second quarter of 2024. This is what investors need to be watching right now.There's no way around it, Starbucks (SBUX -3.64%) had a rough second quarter. The large coffee chain simply isn't resonating as well with customers right now. While there are a number of reasons why this could be happening, investors should be paying extra close attention to sales and, more to the point, same-store sales, right now. Here's why.What went wrong at StarbucksStarbucks ...